Many consider Trump’s presidency to be one of the greatest boosts to the American (and Global) economic system in recent years. As the day before Thanksgiving came to close, stocks are at a record high.
S&P 500 (^GSPC): +0.42%, or 13.11 points
Those are some exciting numbers. Apple and Under Armour drove the majority of the gains. The Bespoke Investment Group commented on what the last month of the year should look like:
“In no year did the S&P fail to finish up 20%+ YTD after gaining at least 20% YTD through Thanksgiving. “– Bespoke Investment Group
Other happy news includes Toys R Us, a popular American brand, has reopened their doors. The CEO, Richard Barry has expressed his gratitude in an interview with Yahoo! News:
“I feel very humbled by being given that role to do that and I think we are executing in some interesting and different ways. The old playbook would have been put up stores and run e-commerce off that. We decided to go down a path of working through partnerships and really building relationships to help bring back the Toys R Us brand. “– Richard Berry, CEO
The Stock Market is booming, American-made toys are coming back. Leftovers are in the fridge, and Christmas is on its way. What more could you ask for?
Merry Christmas, ya filthy animals!
-Matthew @ StrictlyNews
Imbert, F. (2019, November 27). Here’s what happened to the stock market on Wednesday. Retrieved from https://www.cnbc.com/2019/11/27/what-happened-to-the-stock-market-wednesday-more-records-on-street.html
Stock Market Live Updates: Record highs amid strong economic data. (2019, November 27). Retrieved from https://finance.yahoo.com/news/stock-market-live-updates-november-27-133418184.html